Tax Compliance Job Description
Tax compliance
provides preparation, analysis and technical support of indirect tax returns and filings, not limited to annual property tax renditions (returns) and oil and gas severance tax returns, with attention to state and local tax issues such as asset classifications, changes in statutory procedures and deadlines, potential assessment appeal opportunities, etc.
Tax Compliance Duties & Responsibilities
To write an effective tax compliance job description, begin by listing detailed duties, responsibilities and expectations. We have included tax compliance job description templates that you can modify and use.
Sample responsibilities for this position include:
Oversee federal, state and local tax notice and audits, making sure they are dealt with in a timely manner while minimizing tax assessments and optimizing professional fees
Assist the Director of Domestic Tax Compliance in answering tax audit information requests and state and Federal Tax notices
Assist in development and implementation of US Federal and State and Local tax planning strategies
Research Federal and State and local tax issues
Review federal and state income tax returns prepared by the team
Prepare Federal, State and Local income and franchise tax returns
Review partnership and corporate, federal and SALT tax returns
Answer tax notices from federal and state tax agencies
Manage indirect tax compliance including IRC
Supervise compliance team Managers and Analysts to ensure timely, complete and accurate filings of all tax returns and projects
Tax Compliance Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Tax Compliance
List any licenses or certifications required by the position: CPA, JD, LLM, EA, UK, CPP, GST, W8, US, W-8
Education for Tax Compliance
Typically a job would require a certain level of education.
Employers hiring for the tax compliance job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Business, Taxation, Graduate, Education, Law, Business/Administration, MBA, Economics
Skills for Tax Compliance
Desired skills for tax compliance include:
Property tax jurisdictions throughout the country
Appeal deadlines
Tracking statutory deadlines
Excel
ONESOURCE software
Corptax software is highly
GOSYSTEMS Tax RS software
Federal
Microsoft Office
MS Office
Desired experience for tax compliance includes:
Assist with tax planning & research as needed
Knowledge of OneSource Tax Provision software is a plus and preferred
Taking primary ownership and oversee the day to day due diligence operations performed by other work streams to ensure compliance with FATCA other similar regulations such as CDOT and CRS
Developing and maintaining procedures for account holder due diligence and classifications in accordance with FATCA and other FATCA-like regulations
Monitoring existing client base for change in circumstance and remediation of indicia for FATCA, CDOT and CRS
Taking primary ownership to oversee the day to day operations of assisting accounting personal with preparation of select month-end tax accruals and related audit and tax support
Tax Compliance Examples
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Tax Compliance Job Description
Job Description Example
Our company is growing rapidly and is looking for a tax compliance. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for tax compliance
- Managing relationships and workload with outside tax consultants and vendors to ensure proper compliance
- Staying current on regulations and changes to Internal Revenue Code, U.S. Treasury regulations and intergovernmental agreements to ensure compliance
- Researching tax issues analyze tax law and documenting findings
- Coordinating with Relationship Management to determine and message client fees that are invoiced by the Billing Department
- Ensuring that the relevant financial information, interpretation, analysis and support are provided
- Actively develop and maintain a wide range of contacts both internally and externally in order to obtain/exchange information, identify and establish best practice and where appropriate ascertain further customer requirements
- Identify, recommend and implement agreed changes to support processes to meet business needs and operational requirements and communicate these across assigned area of responsibility where appropriate
- Develop and maintain effective working relationships with other business units, providing input to Group discussions and decisions and identifying/implementing initiatives to enhance business performance
- Assist in forecasting of group Effective tax rate (ETR) and cash tax
- Oversee calculation of GAAP tax provisions (e.g., Fin 48, FAS 109)
Qualifications for tax compliance
- Comfort with client interaction on daily basis
- Qualified ACA with at least 3 years post qualification experience
- Conversant with either US GAAP or IFRS
- International corporate tax knowledge/experience desirable
- Ability to work under pressure to deliver in tight timeframes
- Ability to communicate and work effectively with all levels of management in the finance function
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Tax Compliance Job Description
Job Description Example
Our innovative and growing company is hiring for a tax compliance. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for tax compliance
- Perform tax research and draft memorandums on various federal and state tax issues
- Drive development of technology solutions for tax compliance technology solutions
- Manage key external advisor relationships
- Train and mentor of tax group
- Review and sign off on tax returns prepared internally
- Manage external tax advisors to ensure timely filings for all US tax returns, sign off on returns prepared by external advisors when needed
- Ensure the proper, accurate and complete reporting of foreign transactions under applicable US rules
- Manage a staff of 3 to 5 people, able to effectively work with and manage people from different backgrounds
- Interfacing with the transfer agent to ensure such information is properly reported on the Form 1099-DIV
- Working with the accounting department in the quarterly FAS 109 calculation
Qualifications for tax compliance
- Willingness to develop proficiency with accounting and tax systems and processes
- Experience in dealing with senior executive personnel across multiple time zones
- Experience and enthusiasm for the media industry an advantage
- Experience with Corptax income tax and provision software is a plus
- 5+ years of well-rounded experience in multinational corporate taxation
- Interfacing with outside auditors
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Tax Compliance Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of tax compliance. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for tax compliance
- Corporate Income Tax Compliance
- Prepare quarterly US tax installment calculations
- Liaise with the Tax Legal team on, and supervise the preparation of returns dealing with international transactions
- Be a pro-active team player within the ISPOT team as well with the other Tax teams across the world
- Be a catalyst for change by identifying and driving process, partnership and operational effectiveness opportunities within an international or global framework
- Have a flexible attitude as the team further expands and takes on additional roles and responsibilities
- Prepare schedules supporting company stock based compensation deduction
- Prepare schedules supporting Tax, AMT and State depreciation deductions for income tax reporting purposes
- Assist Manager of Tax Compliance & Controls with special projects centered around data analytics and intercompany planning
- Review the necessary tax adjustments for main investment Funds
Qualifications for tax compliance
- Excellent organisational/administrative skills including good eye for detail
- 1-4 years of public accounting and compliance experience
- Experience with working with an ERP system
- A University Degree required, or equivalent experience
- Overseeing and implementing timely tax filings
- Resolving IRS and other governmental inquiries
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Tax Compliance Job Description
Job Description Example
Our growing company is looking for a tax compliance. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for tax compliance
- Prepare tax estimates for outside investors
- Assist in preparation of ad-hoc projects and requests
- Prepare UK VAT return and supporting schedules and submit within statutory deadlines
- Prepare and submit Intrastat filings for UK/EU countries
- Classification and input of permanent and temporary differences into Tax Provision Tool
- Assist with monthly taxable income forecasts and projections
- Assist with domestic tax audits and notices
- Assist with quarter- and year-end domestic provision
- Assist with domestic and international due diligence and acquisitions
- BAS/Withholding Tax
Qualifications for tax compliance
- Minimum of 2 to 3 years of experience in a CPA firm or corporate Tax Department
- Motivated, energetic individual
- Self-starter with fundamental business skills, insight and savvy
- Develop internal income tax provisions, quarterly and annually
- Knowledge base for Transfer Pricing, Sales Tax management, negotiations, due diligence support, cross-border transaction implications
- CPA strongly preferred, along with a Bachelors/Masters degree in Taxation
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Tax Compliance Job Description
Job Description Example
Our company is growing rapidly and is hiring for a tax compliance. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for tax compliance
- Manage federal, state and local tax examinations
- Review, respond to and resolve various federal and state tax notices
- FBT
- Assist with review and oversight of tax preparation by graduate accounting students in the program
- Perform various administrative and clerical work as required
- Meet with the International Program Manager and Technical Coordinator on a regular basis to discuss TAX ASSISTANCE PROGRAM matters
- Receiving, reviewing and processing clients’ data files
- Reviews tax analyses and tax computations, ensures completeness and accuracy, adequate operation of relevant controls
- Compliance with tax requirements and deadlines
- To manage corporate tax affairs (compliance, reporting, risk & opportunity management, transfer pricing) of related markets with the assistance of the Global Tax Outsourcer and Group Tax
Qualifications for tax compliance
- Six plus years tax experience
- 2-4 years of experience with corporate accounting or tax department
- Experience in preparing VAT and intrastat submissions will be essential
- Commercial contract drafting skills advantageous
- Able to work independently in an international environment and across cultures
- Excellent interpersonal and communication skills (English, both written and verbal)